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Strained Relations

Strained Relations
Author: Michael D. Bordo
Publisher: University of Chicago Press
Total Pages: 453
Release: 2015-03-02
Genre: Business & Economics
ISBN: 022605151X

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During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances—most notably the abandonment of the international gold standard—and how political and bureaucratic factors affected this aspect of public policy.


The Federal Reserve System Purposes and Functions

The Federal Reserve System Purposes and Functions
Author: Board of Governors of the Federal Reserve System
Publisher:
Total Pages: 0
Release: 2002
Genre: Banks and Banking
ISBN: 9780894991967

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Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.


International Reserves and Foreign Currency Liquidity

International Reserves and Foreign Currency Liquidity
Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
Total Pages: 258
Release: 2015-01-07
Genre: Business & Economics
ISBN: 1484350162

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This update of the guidelines published in 2001 sets forth the underlying framework for the Reserves Data Template and provides operational advice for its use. The updated version also includes three new appendices aimed at assisting member countries in reporting the required data.


Brief History of the Gold Standard (GS) in the United States

Brief History of the Gold Standard (GS) in the United States
Author: Craig K. Elwell
Publisher: DIANE Publishing
Total Pages: 18
Release: 2011-10
Genre: Business & Economics
ISBN: 143798889X

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The U.S. monetary system is based on paper money backed by the full faith and credit of the fed. gov't. The currency is neither valued in, backed by, nor officially convertible into gold or silver. Through much of its history, however, the U.S. was on a metallic standard of one sort or another. On occasion, there are calls to return to such a system. Such calls are usually accompanied by claims that gold or silver backing has provided considerable economic benefits in the past. This report reviews the history of the GS in the U.S. It clarifies the dates during which the GS was used, the type of GS in operation at the various times, and the statutory changes used to alter the GS and eventually end it. It is not a discussion of the merits of the GS. A print on demand oub.


Exchange Stabilization Fund

Exchange Stabilization Fund
Author: United States. Congress. House. Committee on the Budget. Task Force on Tax Expenditures and Off-Budget Agencies
Publisher:
Total Pages: 88
Release: 1976
Genre:
ISBN:

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Treasury Department

Treasury Department
Author: United States. Department of the Treasury
Publisher:
Total Pages: 722
Release:
Genre: Finance, Public
ISBN:

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U.S. Balance of Payments

U.S. Balance of Payments
Author: United States. Congress. Joint Economic Committee
Publisher:
Total Pages: 652
Release: 1963
Genre: Balance of payments
ISBN:

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Considers (88) H. Con. Res. 192, (88) S. Con. Res. 53.